Doctors Giving Up Luxury Cars For Money Reasons, More Than …

Earlier today, I found an excellent article by Carey Goldberg, posted yesterday, and entitled Doctors Giving Up Luxury Cars For Money Reasons, More Than … that I would suggest all of you read. Below are some little extracts to pique your interest!

Leasetrader.com, which bills itself as the most popular online marketplace for transferring car leases, reports in its blog here that doctors seem to be leading the professions in financial pain. At least, in financial pain as measured by seeking to hand off a lease on a Maserati, a Mercedes or a BMW 7 series. In its latest survey of leaseholders who are seeking to transfer their leases, leasetrader.com found that among those who were doctors, 54% said they were getting out for financial reasons, compared to 34% in 2008. Lawyers came in second.

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Financial executives’ pain seems to have been cut in half between 2008 and 2010. John Sternal, spokesperson for leasetrader.com, parsed the numbers a bit for me. Leaseholders seek to get out of their leases for many different reasons, he said, from moving to a new location to finding that their growing family can no longer fit in their sports car. The survey found that doctors mentioned “financial reasons” more than any other profession. The numbers on doctors translate into easily several thousands doctors who are trying to hand off their leases, John said. Maseratis, Mercedes S series and BMW 7 series are “the most popular that doctors are trying to escape from.

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” The Website reports: LeaseTrader.com analyzed data on drivers of various industries getting out of their expensive car Lease Specials and compared to similar data from 2008. Two years ago realtors topped the list with 68 percent escaping a car Lease Specials for financial reasons; today that honor goes to doctors. Doctors topped the current list with 54 percent listing vehicles such as Maserati, Mercedes S Class and BMW 7 Series. Men doctors looking to escape a Lease Specials outnumbered women doctors three to one in the marketplace as of September 2010. LeaseTrader.

Reading Carey Goldberg’s post started me off thinking so I had a quick search around for some more posts on the subject and uncovered some more greats! For example, guide to lease a car posted yesterday, by unknown, on a blog called Monsters of Real Estate:

Car export tips to help new car shoppers avoid run of the mill car dealer tricks and scams. Clarifies how car dealers use packed payments to swindle new car buyers. More new car export tips from CarInfo.com. http://www.carinfo.

Yet another fine article on the subject came from Publisher99 on Car Lease Hire posted last week, entitled New Mercedes-Benz Specials 2011 ML350 lease $519mo Salisbury MD … which is also certainly worth a read.

www.pohankaofsalisbury.com November 2010Special Pohanka of Salisbury MD 2015 North Salisbury Blvd. Salisbury MD Delmarva MD, 21801 (877) 476-4265 NEW -2011 Mercedes-Benz ML350 (stk#B5434) — Lease for 9/mo for 36 mos. (99 due at signing) — ith so many places to select from for your automotive needs in the Delmarva Maryland and Salisbury MD area and surrounding Salisbury Fruitland Delmar Laurel Berlin and Princess Anne communities, we don’t take it lightly that you chose to do business with Pohanka Honda, Toyota, Nissan, Mazda, Mercedes-Benz and Hyundai. When you purchase from Pohanka we view this time as the beginning of a long lasting relationship between us! We offer a rich inventory of quality used Honda, Toyota, Nissan, Mazda, and Hyundai vehicles and luxurious Mercedes-Benz models in the Salisbury Fruitland Delmar Laurel Berlin and Princess Anne communities. We know you are looking for the best price on your next Honda, Toyota, Nissan, Mazda, Hyundai or Mercedes-Benz vehicle, which is why we update our Honda, Toyota, Nissan, Mazda, Mercedes-Benz and Hyundai internet specials frequently. Visit our website, or visit us in Salisbury Maryland MD! We can’t wait to make a happy customer out of you! .

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